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82959 Millay Court, Indio, California 92201, Indio, 92201 - 5 bed, 3 bath

82959 Millay Court, Indio, California 92201 home-pic-0
ACTIVE$699,999
82959 Millay Court, Indio, California 92201
5Beds
3Baths
2,560Sqft
7,840Lot

Price Vs. Estimate

The estimated value ($538,823.4) is $161,175.6 (23%) lower than the list price ($699,999). This property may be overpriced.

Key pros and cons

Top Pros:
No HOA Fees & Short-Term Rentals Allowed: The absence of HOA fees combined with the allowance for short-term rentals presents a significant advantage for both owner-occupants and investors seeking income potential, especially given the proximity to major event venues.
Top Cons:
Significant Overpricing: The current list price of $699,999 is substantially higher than the property's estimated value of $538,823.4, indicating a potential overvaluation in the current market.

Compared to the nearby listings

Price:$700.0K vs avg $556.5K (+$143,549)81%
Size:2,560 sqft vs avg 1,890 sqft88%
Price/sqft:$273 vs avg $29835%

More Insights

Built in 2006 (19 years old).
Condition: The property, built in 2006, is 18 years old, fitting the 'Good' condition criteria. It is move-in ready with no immediate renovations required. The kitchen features granite countertops, black cabinets, and an oversized island, all appearing functional and well-maintained. Bathrooms are clean, with the master offering dual vanities and a separate shower/tub. Consistent tile flooring throughout and an installed solar system contribute to its well-kept status, indicating minimal wear and tear.
Year Built
2006
Close
-
List price
$700K
Original List price
$720K
Price/Sqft
$273
HOA
-
Days on market
-
Sold On
-
MLS number
219126603DA
Home ConditionGood
Features
Good View: Hills, Mountain(s)
Pool
Patio
ViewHills, Mountain(s)

About this home

Price Improvement! Motivated Sellers!!!Welcome to this beautifully home, nestled in the desirable Whittier Ranch Community! This spacious 5-bedroom, 3-bathroom home boasts a bright and inviting living area, a formal dining room, and a kitchen featuring granite countertops, tile flooring, and an oversized island -- perfect for entertaining guests.With no HOA fees and short-term rentals allowed, this property is an incredible investment opportunity. Whether you're looking for a vacation home, a rental property, or your forever home, this location has it all!Conveniently located just minutes from shopping, dining, and entertainment, you'll be only 5 minutes away from the famous Coachella Music Festival and Stagecoach Fairgrounds.Additional features include:3 dedicated parking spaces, plus additional street parkingSolar system installed, offering peace of mind and energy savingsDon't miss out on this must-see home!

Nearby schools

7/10
Dr. Reynaldo J. Carreon Jr. Academy
Public,•K-5•1.0mi
8/10
Martin Van Buren Elementary School
Public,•K-5•1.0mi
3/10
Thomas Jefferson Middle School
Public,•6-8•0.8mi
4/10
Indio High School
Public,•9-12•1.5mi
Condition Rating
Good
The property, built in 2006, is 18 years old, fitting the 'Good' condition criteria. It is move-in ready with no immediate renovations required. The kitchen features granite countertops, black cabinets, and an oversized island, all appearing functional and well-maintained. Bathrooms are clean, with the master offering dual vanities and a separate shower/tub. Consistent tile flooring throughout and an installed solar system contribute to its well-kept status, indicating minimal wear and tear.
Pros & Cons

Pros

No HOA Fees & Short-Term Rentals Allowed: The absence of HOA fees combined with the allowance for short-term rentals presents a significant advantage for both owner-occupants and investors seeking income potential, especially given the proximity to major event venues.
Spacious Layout & Features: This 5-bedroom, 3-bathroom home spans 2560 sqft, offering ample living space, a formal dining room, a bright living area, and a kitchen equipped with granite countertops, tile flooring, and an oversized island, ideal for entertaining.
Prime Entertainment Location: Conveniently located just minutes from shopping, dining, and entertainment, and only 5 minutes from the famous Coachella Music Festival and Stagecoach Fairgrounds, enhancing its appeal as a vacation or rental property.
Energy Efficiency: The installed solar system provides peace of mind and offers potential energy savings, a valuable feature for long-term cost reduction.
Desirable Community & Views: Nestled in the desirable Whittier Ranch Community, the property also boasts appealing Hills and Mountain views, contributing to its overall aesthetic and desirability.

Cons

Significant Overpricing: The current list price of $699,999 is substantially higher than the property's estimated value of $538,823.4, indicating a potential overvaluation in the current market.
Market Resistance & Price History: The 'Price Improvement' from an original list price of $720,000 and the mention of 'Motivated Sellers' suggest the property has faced challenges in attracting offers at its previous price, potentially due to market perception or condition.
Older Construction Compared to Comps: Built in 2006, the property is older than several comparative properties in the area (e.g., 2018, 2024, 2025 builds), which may mean it lacks some of the modern design trends or updated features found in newer homes.

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